Finance news – Page 241
-
-
NewsTime Wholesale Services reports sales boost after move to larger depot
Time is expecting to hit sales of £85m for the year to 31 January 2020
-
NewsCity snapshot: Former Bacardi and Cadbury exec named as Imperial Brands CEO
Imperial Brands has appointed former Bacardi and Cadbury executive Stefan Bomhard as its new CEO, replacing Alison Cooper.
-
NewsMedia Bites 3 Feb: John Lewis, Unilever, Pasta Evangelists
John Lewis will turn over a new leaf this week when its new boss, Dame Sharon White, formally takes the throne at the troubled retail group
-
NewsFood & drink exporters fear China port chaos over coronavirus
The number of confirmed cases of the virus in mainland China now exceeds 7,000
-
NewsChase Distillery appoints advisors for potential sale
Chase Distillery has engaged advisers to explore its options, including a potential sale, The Grocer understands.
-
NewsCity snapshot: Britvic reports ‘robust’ start of the year as sales surge
Britvic has reported a “robust start” of the year with first quarter revenues surging 4.9% to £369.8m
-
NewsMedia Bites 31 Jan: Unilever; Coca Cola, Diageo
Unilever is considering a sale of its tea business, despite denying earlier media reports, the fishing industry is on the line as the UK leaves the European Union tonigh and Coca Cola’s push into healthier variants boosts sales
-
NewsPG Tips tea sale on the table as Unilever explores all options
Unilever has initiated a full strategic review of its global tea business, which could lead to a sale, despite its pledge two months ago to keep the brands.
-
NewsEast End Foods founders set to re-purchase two depots from PE buyer
The deal for the sites at Smethwick and Aston in the West Midlands is set to be completed imminently
-
NewsCMA to probe PepsiCo’s acquisition of Fruit Bowl maker Pioneer Foods
The UK’s competition watchdog will assess wether the merger will result in a “substantial lessening of competition”
-
NewsCity snapshot: Unilever confirms global tea review as annual profits fall
Unilever has confirmed it has initiated a strategic review of its global tea business, as it reported a 30%-plus slide in annual profits. Plus, Diageo posts a solid rise in first half sales, but warns on second half growth and all the rest of the latest news from the City.
-
NewsMedia Bites 30 Jan: Deliveroo/Amazon, McDonald’s, UK Retail
Deliveroo and Amazon have accused Britain’s competition watchdog of failing to provide “credible evidence” that a deal between the two companies would harm competition.
-
NewsWells & Co profits rise ahead of return to brewing
Wells & Co’s profits have jumped following a complete rebrand as it prepares to re-enter the brewing business.
-
NewsHattingley Valley Wines secures £7.5m to fund international expansion
English sparkling wine producer Hattingley Valley has secured a £7.5m finance facility to support its international expansion plans.
-
NewsMcDonald’s posts strongest revenues growth in a decade
Comparable sales at McDonald’s rose 5.9% last year as the US fast food giant continued to invest in technology and delivery
-
NewsJohn Lewis to stop reporting weekly sales figures as part of board restructure
The business said it would now only publish details on its financial performance every six months, in its half-year and full-year results
-
NewsCity snapshot: UK shop prices continue to fall but food prices accelerate
Despite overall decline, food prices accelerated in January as discounting returned to a more normal level following Christmas
-
NewsMedia Bites 29 Jan: John Lewis; Co-op; Suntory Holdings
John Lewis and Waitrose to stop publishing weekly trading updates, the Co-op is close to offload part of its pension liabilities and Suntory Holdings bought a 10% stake in the owner of The Macallan and The Famous Grouse Scotch whiskies
-
NewsRetailer property investment boosted by election result, says Colliers
It made December the second-strongest month of 2019 for retail property investment